INTL FCStone Financial appoints Head of Distressed Debt
The Fixed Income Division of INTL FCStone's wholly owned subsidiary, INTL FCStone Financial, has hired Drew Doscher as Head of Distressed Debt Sales and Trading.
Doscher will build INTL FCStone Financial’s distressed debt trading capabilities and lead the Company’s strategy for distressed loans and debt, private credit, private equity, trade claims and litigation stubs. He will be reporting to Robert LaForte and Anthony DiCiollo, Co-Heads of Global Fixed Income.
Robert LaForte, Co-Head of Fixed Income at INTL FCStone Financial Inc, commented on the appointment, “Drew’s thirty years in this space through many cycles will be invaluable as we build out our distressed debt capabilities. The depth and breadth of relationships that Drew brings, his commitment in building a “best in class” team, and INTL’s ability to execute across a deep spectrum of fixed income products are critical in this rapidly changing market environment - these qualities are why we entrusted Drew to head distressed debt and he chose us to partner.”
An industry veteran, Doscher has spent three decades focused on illiquid markets across high yield, distressed debt, loans and private equity. Prior to joining INTL FCStone Financial, Drew was Head of Fixed Income Credit and Managing Director at BTIG . He served as Head of Distressed Debt Trading at Jefferies, managed global distressed-debt trading platforms at Barclays and UBS and started his career at Lehman Brothers.
Drew Doscher, Head of Distressed Debt Sales and Trading, adds: “I was drawn to INTL FCStone due to its global reach and was impressed by the level of support the firm provides clients across a wide array of financial products. I look forward to joining the firm’s global network of top experts and leveraging my vast experience in distressed debt to offer another solutions to clientele as they access financial markets worldwide.”